Company formation in Seychelles
International Business Company (IBC)
Legal minimum, year 1£960
Legal minimum, per year after£345
Typical year 1£1,705
Corporation tax0%Ease Banking
Every fee
Setting up
Government fee£115
$150 government licenceRegistered agent formation£500 to 950
RequiredUsually includes first year
Share capitalNone
Time to form1 to 3 days
Running it, per year
Government licence£115
Required$150
Registered agent and secretary£230 to 1,270
Required$300 to $1,650
Legal minimum after year 1£345
Audit: None (accounting records kept with agent)Foreign ownersNo resident directorFully remote via registered agent
Tax0% on foreign income (territorial); passive foreign income needs substanceDividend withholding: 0%VAT/GST: None for IBC
BankingVery hard to bank
EU-whitelisted since Feb 2026.
Questions
- How much does it cost to set up a company in Seychelles?
- The legal minimum for the first year is £960, counting only what the law requires and doing every filing yourself. A typical first year, with an accountant, costs about £1,705. The government fee is £115 ($150 government licence). Share capital is not included.
- How much does it cost per year to run a company in Seychelles?
- The legal minimum after the first year is £345 a year. Running costs including optional and practically needed services range from £345 to 1,385. Audit: None (accounting records kept with agent).
- Do I need a local director in Seychelles?
- No. No resident director.
- Can a non-resident form a company in Seychelles remotely?
- Yes. Fully remote via registered agent.
- What is the corporation tax rate in Seychelles?
- 0% on foreign income (territorial); passive foreign income needs substance. Dividend withholding: 0%. VAT/GST: None for IBC.
- How long does it take to form a company in Seychelles?
- 1 to 3 days.
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